Ukraine

Ukraine Legalizes Cryptocurrency as Pro-Russia Separatists Attack Village
Ukraine Legalizes Cryptocurrency as Pro-Russia Separatists Attack Village

Ukraine has passed a law favoring cryptocurrency use. Pro-Russian separatists are accused of attacking a village near the border. Meanwhile, the crypto market is now in a bloodbath. Ukraine has legalized cryptocurrency use in the country. According to a tweet by Vice Prime Minister Mykhailo Fedorov, the country has already passed its law to enable crypto trading and use while protecting citizens from fraud. Vice Prime Minister Fedorov’s statement came one week after Bitcoin donations flooded Ukraine amid ongoing tension with Russia. Ukraine sympathizers sent crypto to help fund the country in terms of boosting its armaments. The news came

Ukraine Nabs Crypto Miners
Ukraine Nabs Crypto Miners For $259K Electricity Theft

Ukraine police recently found an illegal crypto mining farm. The mining farm allegedly stole up to $259,000 worth of electricity from a power plant. Also, authorities seized 1000s of mining devices including PS4 gaming consoles. Police in Ukraine uncovered a crypto mining farm that was stealing electricity from Vinnytsia city, southwest of Kyiv. The crypto mining enterprise allegedly stole electricity worth $259,000 from the Vinnytsiaoblenergo power plant.   In addition, police seized 1000s of mining devices like computers, gaming consoles, and graphic cards. As such, this is the largest crypto mining farm the Ukraine police have discovered to date.  However, the